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20110801
20110831
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, evidence that the dot comes are alive and kicking. linkedin shares are rallying. >> bulls are carrying on, on wall street, as they react to the jobs report. >> jane king is live with the latest. hang on, jane. buckle in. >> no kidding. this has been crazy. we're up today. we have the job report coming out a bit better than expected last month. the numbers, in july, the u.s. created 117,000 jobs. we expected 85,000. so a little bit better than expected. jobless rate dropping, actually, to 9.1% from 9.2%. in california, currently stands at 11.8%. so that is much higher than the rest of the country. so let's see how the market is doing after that bloodbath that we had yesterday. a bit of a rebound here this morning. the dow is up 100 points. s&p and nasdaq all trading higher. the big question is this going to ease fears of recession and banking crisis in europe? the shares of mountain view based linked-in soaring. in their case, the job market, weak one is helping out the social networking company. they have sales from hiring surface tripled. the bad news for brocade communication, they lowe
linkedin, were off. one winner today, gold. a new record for gold futures today, topping $1,720 an ounce. all this selling, which has been going on for the better part of two weeks, has taken its toll, both on individual investors and on businesses. >> you're trying them all? >> yes. >> that's a lot of root beer. >> reporter: opening a business is always tough. opening one in this environment, well, we have plenty of good reasons why that's crazy. >> thanks. have a good day. >> reporter: but at rocket fizz, which sells all sorts of candy and pop, you'll remember from your youth, business is pretty sweet. >> a lot of people are willing to give up a lot of things. they give up buying a nice, expensive watch or the latest electronic device. but people are willing to say, i deserve a soda. i deserve a piece of chocolate or something like that. and it's not that much of an investment. >> you know what? you know the downfall of wall street? greed. >> reporter: across town, they're not giving up coffee, either. but they are concerned about the future of their money. >> we're going to be, you kn
its funders, the founder of linkedin. back to you. >>> still to come here at 6:00, keeping neighborhood businesses going in tough times. how the fight over statewide development agencies is playing out in one south bay community. >>> also, school hasn't even started yet, but a lot of students are already feeling the cuts. why california college students are bracing for another round of fees. >>> and seeing art in a whole new light. how one woman is on a mission to bring art to the public. >>> and good evening. i'm chief meteorologist jeff pineary. we'll let you know how far that fog is going to be spreading inland. on the mild side in san jose at 77. we'll tell you about some 90-degree temperatures coming back. >>> we continue to follow our breaking news out of san francisco. the bart protests are once again causing commuting headaches for thousands of people coming in and out of the city. this is video last hour. the last hour and a half, the protests have been happening. the civic center station in san francisco remains shut down. the powell street bart station has just r
linkedin and find thousands of job if you're looking to work in tech. >> now we're seeing some of the seeds planted years ago come to fruition and real business models with real earnings and with that allows us to see is hiring. >> reporter: and how's this for a silicon valley surprise? construction otherwise taking a beating in california, putting boots on the ground along 101 in san jose. >> we're looking at funding going into infrastructure improvements which create jobs. >> reporter: lots of jobs thanks to a $156 million boost from the state that will fund multiple roadway projects. >> it's a lot of jobs for people on the projects. it's improving the roadways so people can get to jobs. it's a significant boost to the economy. >> reporter: california is trying to dig itself out of a pretty big hole these days, but there is some strength to grow on. >> and how tough are jobs to come by? the banking industry still shrinking. bank of america announcing 3,500 new job cuts today and, yes, as we said, there are jobs in tech, but arguably the biggest tech story of the week comes from a company
affordable option, the experts suggest linkedin. >> despite some somewhat positive job news that we got this morning dan kerman tells us that there are still a lot of unemployed people that are struggling to find work. >> at the state unemployment office in sunnyvale, they see about 200 to 300 job seekers each day. >> i have been out of work for a little over three years now. >> i am an electrician and not finding a lot out there right now it is tough to get a job. >> this is the equipment support engineer transitioning over to i t. >> everyone's about two to five years' experience and i did not have that but i do have the knowledge it--and i'm just looking for someone to give me a chance. >> on dreamworks and customer service. >> i have been looking for about two years and i think it does have to stay positive. >> those that run the center say that hiring is on the increase as an example at this center, they have a group of job seekers looking for technology jobs. they say within the last four months, 90 of them have found work which they say is definitely an increase over the
. >> you want people to remember to use social media very witzly and carefully. >> used linkedin, and search with connections with people who have jobs. same high school, sorority, from a fraternity, church. get in there. >> keep your credit in good shape. >> this is hard for people. >> easier said than done. >> even if you can make only the minimum payment, make sure that you make them on time. employers are checking. >> thank you appreciate it. >>> wear that, not this. abercrombie & fitch offers to pay the situation from jersey shore not the wear its clothing. that after this. ♪ why settle for a one-note cereal? get more with honey bunches of oats. four nutritious grains come together for more taste, more texture, more healthy satisfaction. have a bowl of happy. ♪ hershey's chocolate syrup. stir up a smile. on today's show, keep your photos right at your fingertips. literally! ok. can you zoom in on this? ok. this is my boyfriend. this is my mom and dad. robin, you ok? whatcha doin'? oh, dealing with a slight underwear malfunction. oh, you need hanes panties. they don't rid
Search Results 0 to 5 of about 6